Zscaler (NASDAQ:ZS) CEO Jagtar Singh Chaudhry Sells 2,843 Shares

Zscaler, Inc. (NASDAQ:ZS) CEO Jagtar Singh Chaudhry sold 2,843 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $656,221.26. Following the completion of the transaction, the chief executive officer owned 347,857 shares of the company’s stock, valued at approximately $80,292,352.74. This represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Zscaler Price Performance

Shares of ZS stock traded down $6.35 on Wednesday, reaching $226.43. 1,723,437 shares of the company were exchanged, compared to its average volume of 2,011,386. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $336.99. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. The business has a 50-day moving average price of $290.17 and a 200 day moving average price of $290.51. The company has a market cap of $36.11 billion, a price-to-earnings ratio of -870.85 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The business had revenue of $788.11 million during the quarter, compared to analyst estimates of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The company’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.77 earnings per share. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. Equities research analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Zscaler

Institutional investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. raised its holdings in Zscaler by 3.2% during the third quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock worth $306,000 after purchasing an additional 32 shares in the last quarter. Cox Capital Mgt LLC grew its position in shares of Zscaler by 0.6% in the 3rd quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock valued at $1,671,000 after buying an additional 33 shares during the last quarter. Brookstone Capital Management raised its stake in Zscaler by 3.7% during the 3rd quarter. Brookstone Capital Management now owns 936 shares of the company’s stock worth $280,000 after acquiring an additional 33 shares in the last quarter. Wedbush Securities Inc. lifted its position in Zscaler by 0.7% in the third quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after acquiring an additional 34 shares during the last quarter. Finally, Goldstream Capital Management Ltd grew its holdings in shares of Zscaler by 0.3% during the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock worth $3,731,000 after purchasing an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ZS shares. Morgan Stanley boosted their target price on shares of Zscaler from $320.00 to $335.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Stifel Nicolaus reduced their target price on Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Zscaler in a report on Wednesday, November 26th. Macquarie assumed coverage on Zscaler in a research report on Friday, October 31st. They set an “outperform” rating and a $390.00 price objective for the company. Finally, Canaccord Genuity Group upped their target price on shares of Zscaler from $320.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $323.45.

Zscaler Company Profile

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.